Hello,
It is almost the end of another tax year, yet this week has pretty much been taken up in answering queries on the COVID-19 financial support measures. We have updates for Employers, Directors and for VAT.
SME Tax News
Missed our SME Tax Web-updates in March? Here is a summary of the month.
Hello,
This week's newswire is devoted to communicating updates for businesses and individuals to the government's support measures during the ongoing COVID-19 crisis.
Hello,
This week we have created a rolling tracker of all the tax and financial measures thus far announced by the government in response to the COVID-19 crisis. Bookmark the link as we will keep it updated.
Following the recent budget, the government has now published Finance Bill 2020.
The government has published a consultation, ‘Plastic Packaging Tax policy design’. This examines policy design options for the proposed new tax on plastic packaging.
In Winifred Kroen v HMRC [2020] TC7605, the First Tier Tribunal (FTT) found that HMRC’s failure to offer a Statutory Review of a High-Income Child Benefit Charge extended the timetable for making a late appeal.
HMRC have announced that from April 2020, as part of paper-saving measures, they will no longer automatically send out blank paper Self Assessment returns.
The government has published a policy paper, 'Review of the student loan sale programme' which analyses the results of its small part sales of student loans.
The Chancellor has announced that with effect from April 2020 the Structures and Buildings Allowance (SBA) rate is increased from 2% to 3%.